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Filing year 2024

MICHAEL L PETERSON FOUNDATION

Cedar Falls, Iowa·EIN 88-2856860·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$290k
Total assets
$263k
Total expenses
$335k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. MICHAEL L PETERSON FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$326k

Itemized grants

4

Median grant

$13k

RecipientLocationPurposeAmount
WE WILL COLLECTIVEDES MOINES, IASUPPORT OF A LOCAL CHARITY THAT SUPPORTS THE LOCAL COMMUNITY$300k
CITY OF CLEAR LAKECLEAR LAKE, IAPROGRAM THAT SUPPORTS THE LOCAL COMMUNITY$20k
IOWA STATE UNIVERSITY FOUNDATIONAMES, IASUPPORT OF A LOCAL CHARITY THAT SUPPORTS THE LOCAL COMMUNITY$5k
NO FOOT TOO SMALLCORALVILLE, IASUPPORT OF A LOCAL CHARITY THAT SUPPORTS THE LOCAL COMMUNITY$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MICHAEL L PETERSON FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$2.1M
2022
$173k
$150k
2023
$290k
$335k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

MICHAEL L PETERSON FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about MICHAEL L PETERSON FOUNDATION

What are MICHAEL L PETERSON FOUNDATION's revenue and expenses?

In 2024, MICHAEL L PETERSON FOUNDATION reported $290k in total revenue and $335k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.